post-earnings-announcement drift


an unexplained downward movement of shares in companies following announcements that quarterly earnings have exceeded expectations

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Unsurprisingly to an observer there was a degree of unpleasant shock in the company following the post-earnings-announcement drift our stock had.

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POST-EARNINGS-ANNOUNCEMENT DRIFT Although I had been trading for some time, I always had the same struggle many traders have. This is the challenge of how to build the best list of stocks to trade to increase your odds of being in a successful trade.

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When researching a stock I like to look at the numbers myself in case there is a post-earnings-announcement drift and I would miss out on a chance for a good investment.

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postdated check posted price